Newspaper article The Evening Standard (London, England)

Rolling Stone Jackpot; They're Still Pulling in [Pounds Sterling]45 Million a Year

Newspaper article The Evening Standard (London, England)

Rolling Stone Jackpot; They're Still Pulling in [Pounds Sterling]45 Million a Year

Article excerpt

Byline: RICHARD SIMPSON

THE extraordinary earning power of the Rolling Stones was revealed today as they were named the most profitable band on earth.

Some 40 years after they first performed live, the group are grossing a staggering [pounds sterling]45 million a year.

Mick, Keith, Ronnie and Charlie, who have an average age of 60, top Rolling Stone magazine's 2003 rich list - thanks to their hugely successful Forty Licks world tour.

The three million fans who bought tickets to see the band also spent an average of [pounds sterling]7 each on merchandise.

Jagger was unable to comment today as he is busy spending some of that money on holiday in Mustique, but the band's spokesman Bernard Doherty said: "When the Stones roll into town, it's a must-have ticket."

The 2003 rich list is dominated by old-timers, with the Eagles, Bon Jovi, Simon and Garfunkel, Bruce Springsteen and Cher in the top 10.

They out-earn younger acts such as

Coldplay, Robbie Williams and Radiohead, who normally do better in the charts. Springsteen is at No2, his [pounds sterling]43million making him the topearning individual. "The Boss" has a deal that guarantees him 70 per cent of potential gross.

In third place are the Eagles, who formed in 1971 but made [pounds sterling]38million in 2003 by demanding [pounds sterling]600,000 a gig - increasing ticket prices by [pounds sterling]12. Their latest Greatest Hits album also sold well.

The Dixie Chicks came fourth, despite their comments against US President George Bush while performing in the UK. They earned [pounds sterling]21million after staging the biggest tour in the US, and successfully suing Sony for underpayment on 20 million albums.

Heavy metal merchants Metallica came fifth, selling two million copies of new album St Anger, and 1.6 million back-catalogue albums. …

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